Vanadiumcorp Resource Inc (CVE:VRB – Get Free Report)’s stock price was down 17.5% on Tuesday . The stock traded as low as C$0.15 and last traded at C$0.17. Approximately 384,415 shares traded hands during trading, an increase of 182% from the average daily volume of 136,362 shares. The stock had previously closed at C$0.20.
Vanadiumcorp Resource Trading Down 15.0%
The company has a current ratio of 0.10, a quick ratio of 0.06 and a debt-to-equity ratio of 9.31. The business has a 50 day moving average price of C$0.23 and a 200-day moving average price of C$0.18. The company has a market cap of C$2.42 million, a P/E ratio of -4.25 and a beta of 0.34.
About Vanadiumcorp Resource
VanadiumCorp has developed a new technology to produce reusable vanadium electrolyte directly and sustainably from virtually any source for perpetual use in vanadium batteries. Jointly developed with Electrochem Technologies and Materials Inc “VEPT” eliminates the carbon footprint and high cost associated with global vanadium supply. VanadiumCorp also holds a strategic vanadium-titanium-iron bearing resource base in mining friendly Quebec, Canada.
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